Wednesday, June 09, 2010

Failure on a Civilizational Level

BP's investors are hosed. No matter what happens now, experts say the company is no longer viable. Their brand name is ruined, they are on the hook for at least $37B in spill related costs and God only knows how much in fines and lawsuits. Bankruptcy is a real option for the company, but the stockholders will lose everything.

Initial reports suggest some BP MBA made an awful decision on the Deepwater Horizon that, at least, contributed to the accident that killed 11 men and turned the Gulf into a polluted disaster. So BP isn't blameless according to information released to the public so far. But I'm pretty sure that the investors never intended to make money by killing oil workers or polluting the Gulf. But it is the stockholders who will pay.


This is just another saga in the collapse of the West. Trillions of dollars redistributed without any benefit to society. Just failure on a civilizational level.

Labels: ,

Monday, May 03, 2010

Gulf Recession?

Oh oh. This guy thinks the oil spill in the Gulf could trigger billions in costs and a double dip recession. I don't know, sounds far-fetched to me. But what do I know?

I will miss the beautiful white beaches of the Gulf if contaminated for a generation. Our family had some fine vacations in Panama City Beach. I'd like to take the grandsons there when they get a little older and can tolerate a long drive. We've vacationed with tar balls before. Had to rinse our feet in mineral spirits before we went indoors. It wasn't awful but it wasn't great either.

The good news is that mother nature knows how to clean up messes. A good hurricane could scatter the oil about and hasten dilution. The Gulf will recover quicker than most believe.

Labels:

Friday, April 30, 2010

Government Pretends to be Useful...Again

The dictator has ordered SWAT to stop the oil spill in the Gulf. Are they gonna yell at it, shoot it or just take it into custody? The full weight of the US government is freaking useless against this accident. All the government can do is point the finger of blame and watch as the spill continues. But appearances are everything in this modern world, so the politicians must appear to be angry, use crisis language while accomplishing absolutely nothing...as ususal.

Although I love brown pelicans, the human impact will be just another reason not to drill off the coast. This will lead to further dependence on foreign oil with it's trade deficeit problems. Just another nail in the coffin for america.

Labels: ,

Thursday, April 29, 2010

Thursday- Worked my ass off this week- Tab Dump

Just some odds and ends...

All the sound and fury regarding illegal immigration is meaningless. The elites have already decided that they need slave labor. That is why the borders have been open, are open and always will be open.

Today I drove through the wealthiest community in my Midwest state, with million dollar homes and landscaped traffic dividers...maintained by dozens of brown skinned, young men who could never afford to live in the community. Basically slaves!


Meanwhile Bloomberg said we are committing national suicide.Geez yourhonor, just wake up? We're already dead! This Jew loves his slave labor and will never give it up. "Just get over it" he sneers.
Our elites need slave labor and will never let it go. Learn to live with it.


The dictator spoketh today, saying unto the people "I do think, at some point, you've made enough money". Gee Obuma, at some point, you've got enough power OR you've done enough damage OR eat shit and die american pigs.

I'm glad we can't afford to vacation on the Gulf. It would be an oily mess and oily beaches are no fun. But I'm just not caring so much anymore. The headlines scream Devastion! Worse than Exxon Valdez! I yawn. The rest of the country destroyed my manufacturing environment and future by buying foreign stuff. They never thought once about me, why should I give one flying shit about them. Enjoy your oily swim.


Meanwhile, not only Russians can do a flyby on a US carrier, apparently Iranian aircraft can fly right over the deck of a carrier 3x and the Navy will only say there was nothing unusual, just ignore it. No wonder the world laughs at us. We beclown ourselves daily.


And finally, here is an oracle speaking at a crook's banquet. This genius says that excessive sovereign debt is bad. Can you believe that they pay this guy for this stuff? And both schleps think the gubmint should increase carbon tax on fuel because we're too fat, living large like we are and all. Milken should've been shanked in prison and Roubini should choke on a crepe. Asshats.

Labels: , ,